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Choline Chloride Market by End-User (Poultry feed, Swine feed, Ruminant feed, Aqua feed & others, Human nutrition and Oil & Gas, and Misc. applications), and Geography - Regional Trends & Forecast to 2019<br>
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Choline Chloride Market by End-User, and Geography - Regional Trends & Forecast to 2019 Speak To Analyst
Choline chloride is an organic compound. It is used in the animal feed additive. It is mainly related with the metabolism and act as methyl donor. It builds and maintains cell structure and function. It is very essential for growing animal and its feed intake helps in preventing perosis, conditions like fatty liver syndrome, etc. Apart from animal feed additive, choline chloride market also finds application in human nutrition and as a clay stabilizer in oil and gas industry. The factors driving growth in the choline chloride market are increasing consumption of poultry meat and egg, growing demand for meats in the Asia-Pacific region, and increasing awareness for feed supplements among the end-users. The market is anticipated to experience huge growth due to enormous potential offered by these drivers.
By End User Market: • Poultry Feed • Swine Feed • Ruminants Feed • Aqua Feed • Others (Pet food, Horse feed, etc.) • Human Nutrition • Oil & Gas Industry and Miscellaneous Applications REQUEST BUNDLE REPORTS
By Region: • Asia-Pacific • North America • Europe • Latin America • Middle East & Africa
Global choline chloride market to reach 596.9 kilo tons by 2019 The market for choline chloride in terms of volume is expected to reach 596.9 kilo tons by 2019, growing at a CAGR of 5.6% from 2014 to 2019. Asia-Pacific dominated the choline chloride market volume in 2013. Asia-Pacific is expected to remain the major market by 2019, growing at a CAGR of 6.4% from 2014 to 2019. Choline chloride within poultry feed market is expected to be the fastest growing market, with a CAGR of 5.7% from 2014 to 2019, owing to the rising consumption of poultry meat and shift in preferences for meat globally. Download PDF Brochure
Asia-Pacific and Europe accounted for more than 65% of the choline chloride market value in 2013 In terms of value, Asia-Pacific is the largest market, with China leading the region. Europe is the second major market of choline chloride, globally. Asia-Pacific is expected to remain the major market by 2019, with increasing consumption of choline chloride due to growing demand for meats especially poultry meat.
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